Debt Debate for Dummies: Six Keys to Understanding the Issue

The American government is broke. Rather, like many American families, it uses borrowed money to operate on a daily basis. But unlike the average American, the government doesn't ask a bank or credit card company for more money; it can sell more debt on the open market and raise its own credit limit. The government has sold debt almost since the beginning of the Republic. You can buy it in the form or Savings Bonds. Buy some here. Institutions, governments and professional investors from...Full Story
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